15 Russell St Portland, ME 04102
15 Russell St Portland, ME 04102 | MLS 1683359 Photo 1
15 Russell St Portland, ME 04102 | MLS 1683359 Photo 2
15 Russell St Portland, ME 04102 | MLS 1683359 Photo 3
15 Russell St Portland, ME 04102 | MLS 1683359 Photo 4
15 Russell St Portland, ME 04102 | MLS 1683359 Photo 5
For more information on this listing, contact us at: (207) 272-2202
Active
$350,000

15 Russell St Portland, ME 04102

Multi-Family Property Type
2 Baths
2,209 Sq. Ft.
1910 Year Built
Cumberland County
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Listing Office

Office Keller Williams Realty
Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.
MLS # 1683359
Monthly HOA N/A
On Site Not Available
Last Updated 10/7/2026

Location

Contact Agent

Maureen Zemrak

Maureen Zemrak

(207) 272-2202

Property Details

Community Information

Address 15 Russell St, Portland, ME 04102
County Cumberland
City Portland
Zip Code 04102

Architecture

Bathrooms 2
Year Built 1910
Construction Materials Wood Frame, Vinyl Siding
Structure Type Duplex
Levels Multi-Level
# 2 Bed Units 2
Roof Fiberglass
Foundation Pillar/Post/Pier, Brick/Mortar
Basement Interior Entry, Partial, Brick/Mortar
Garages Features No Vehicle Storage

Features / Amenities

Flooring Carpet, Vinyl, Wood
Heating Oil, Steam
Water Heater Off Heating System

Square Footage Finished Sq. Ft.

Above Grade 2209

Property Features

Lot Size 0.06 Acres
Lot Features Intown, Near Shopping, Sidewalks
Roads Paved, Public
Sewer Public Sewer
Water Public
Electric Circuit Breakers
Gas No Gas
Road Surface Paved
Zoning Residential

Tax and Financial Info

Tax Year 2025

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Listing Information Last Updated 10/7/2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.  

Mortgage values are calculated by Sierra Interactive and are provided for estimate purposes only. Walking and Transportation data are provided by WalkScore as a guideline and should be independently verified.

15 Russell St Portland, ME 04102
  • $350,000
  • 2 baths
  • 2,209 Sq. Ft.